Wednesday, August 15, 2018

Wednesday, August 15, 2018

Cost of college was unchanged for all students at IBMC College

Tuition and fees was unchanged for 2017-18 at IBMC College, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees was unchanged for 2017-18 at IBMC College, according to the latest disclosure from the U.S. Department of Education.

Colorado students paid $12,600 to attend the two-year private for-profit institution in both the 2016-17 and 2017-18 academic years.

Data shows 91 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 335 students received grants or scholarships totaling $1.19 million and 339 students took out student loans totaling more than $2.36 million.

Including all undergraduates, 374 students used grants or scholarships totaling $1.54 million. Another 403 took out $3.22 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~293
$11,700
$12,240
$12,600
$12,600
7.7%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the IBMC College in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
311
83%
$1,021,787
$3,285
State / local grant or scholarship
21
6%
$21,000
$1,000
Institutional grants or scholarships
84
22%
$143,210
$1,705
Grant or scholarship aid total
335
90%
$1,185,997
$3,540
Federal student loans
339
91%
$2,356,174
$6,950
Other student loans
0
0%
$0
Student loan aid
339
91%
$2,356,174
$6,950
Total student aid
339
91%

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IBMC College

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